Comments (7)
reversed actually means the reverse of price because in poloniex for btc/usdt paris it's calculated in usdt, but we want to calculate in btc.
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All the price is calculated in BTC, that's why BTC is always 1. USDT
refers to Tether which is also a cryprtocurrency, so it's taken as an asset rather than cash(BTC). It's supposedly to provide some information about btc, but I don't think we treat it much differently than other cryptocurrencies under current framework.
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I am not sure if I understand your question correctly. But I don't think you can convert to USD in current framework directly. So the value is always in BTC (bitcoin).
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if the weight is 0.8 reversed_USDT in the new omega, after buying and selling should i end up with 0.8 the value in USD or in bitcoins ?
It will be USDT measured in BTC.
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great, it's reversed in trading actions, right ?
so i sell BTC/USDT when i need to increase reversed_USDT weight and vice versa ?
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i understand this
what i meant is, what is the end element for this coin after increasing the weight, is it BTC or USD ?
if the weight is 0.8 reversed_USDT in the new omega, after buying and selling should i end up with 0.8 the value in USD or in bitcoins ?
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thanks a lot
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